The deadline to present the Annual Declaration 2023 It was on Tuesday, May 2, as announced by the Service tax administration (SAT). If you are one of the people who did not manage to do it, you can be a creditor of fines and surchargeshere we tell you how much the sanctions are for not complying with the obligations before the federal prosecutor.
The 2023 annual return is a report in which all taxpayers, whether individuals, individuals or corporations, must submit each year. This is a detailed report of all accounting and tax operations carried out the previous year.
The document is part of the obligations of all persons before the SAT and if it is not submitted, taxpayers may be subject to fines and recharges, as well as other types of sanctions for problems for those who have postponed the delivery deadline.
Who is required to submit an annual return?
The federal tax office establishes that the people who must comply with the delivery of the 2023 annual declaration are all those who during the previous year:
- They obtained income of more than 400,000 pesos a year or the equivalent of 33 thousand pesos a month.
- If they have more than one employer
- If they receive payment for fees, or if they provide professional and/or business services.
- Employees who stopped providing services before December 31, 2021.
- Those who receive income from retirement, pension, liquidation and/or some type of labor compensation.
So if you were one of the clueless who has not yet delivered their annual emascation, below we tell you what the sanctions are for those who did not comply with this obligation.
What happens if I submit my annual statement to the SAT out of time?
According to the Fiscal Code of the Federation, Article 81, Section I, taxpayers who do not submit the 2023 annual declaration may be subject to fines ranging from 1,810 pesos to 36,000 pesos, this depending on the time of breached obligation. As stipulated, the sanctions are as follows:
- From 1,810 to 22,400 pesos, for each of the undeclared obligations
- From 1,810 to 44 thousand 790 pesos, in case it is outside the indicated period
- From 17 thousand 190 pesos to 34 thousand 350 pesos, for not presenting the compensation notice
- From 18 thousand 360 to 36 thousand 740 pesos, for not presenting the declarations in the electronic media, being obliged to do so, presenting it after the deadline or not complying with the requirements of the tax authorities to present them or complying with them outside the periods indicated in the themselves.
An economic fine would not be the only penalty for taxpayers, since the federal tax can also generate various problems for taxpayers, such as:
Errors when making the necessary corrections in monthly declarations and that are reflected in the fiscal year declaration.
It may interest you: SAT 2023: Learn about the new requirement to present your annual declaration
It is possible that some statements of information by taxpayers when trying to fill out their annual return may be misinterpreted by the federal physicist and be considered errors.
Take it into account! If this type of problem occurs, the SAT will notify those who have failed to comply with this obligation through the email provided, then the taxpayer must respond to the federal prosecutor as soon as possible.
Follow us on Google news, Facebook and Twitter to keep you informed with today’s news!
